Metalla Royalty & Streaming (CVE:MTA) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Metalla Royalty & Streaming (CVE:MTA) had its target price lifted by research analysts at Canaccord Genuity Group from C$7.75 to C$8.25 in a report released on Wednesday,BayStreet.CA reports. Canaccord Genuity Group’s price target points to a potential upside of 60.51% from the company’s current price.

Separately, Ventum Cap Mkts upgraded shares of Metalla Royalty & Streaming to a “strong-buy” rating in a research report on Wednesday, May 14th.

Metalla Royalty & Streaming Trading Up 3.6%

Shares of CVE:MTA opened at C$5.14 on Wednesday. The company has a 50 day moving average of C$4.28 and a 200-day moving average of C$4.15. The firm has a market cap of C$332.59 million, a P/E ratio of -14.85 and a beta of 1.46. Metalla Royalty & Streaming has a twelve month low of C$3.39 and a twelve month high of C$5.62. The company has a current ratio of 1.46, a quick ratio of 0.81 and a debt-to-equity ratio of 8.93.

About Metalla Royalty & Streaming

Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of gold, silver, copper royalties, streams, and related production-based interests in Canada. It operates in Australia, Argentina, Mexico, Canada, Tanzania, Ecuador, Peru, Chile, Brazil, Venezuela, and the United States.